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on friday and senate leaders harry reid and mitch mcconnell. coming up next hour when i see you, i will explain how other budget looming deadlines could possibly reverse these cuts. back to you. >> thank you, kyla. >>> happening right now -- a congressional committee is looking into senator fi an feinstein's proposed assault weapons ban. this is a live picture of the senate judiciary committee meeting. that's senator grassley speaking right now. feinstein's legislation would ban 160 assault styles and ammunition magazines that hold more than ten rounds. some analysts say the ban against high-capacity magazines has a better than of being approved than the ban on assault weapons. >>> 7:20. cautious optimism among family members and friends after a missing oakland couple is reportedly seen in south america. peruvian officials say they were spotted in a remote area of the amazon on a boat. peru's tourism min strip plans to send out a plane to that area today to get some video of them and give some proof they are okay. we did talk to neal's boss who said they feared the worst after they
, harry reid, was on the floor just a moment ago. republicans around the country, the majority of them support this balanced approach and the only republicans who don't are those who work on capitol hill. right now, mcdonald's connell is speaking -- right now, mitch mcconnell is speaking. this is all happening as president obama heads to newport news, virginia where ship yards could be hit the hardest. he says those cuts could be felt in california since the company has a supplier base in all 50 states. but the chairman of the republican governors association says the president's scare tack tis are not working on him. >> i think it's time for the president to leadership. he's been trying to scare the american people, trying to scare now states and others. >> reporter: and some republicans accuse president obama of another possible scare tactic. when he says terrorists will have an easier time getting into america. homeland security says these cuts will hit hard when it comes to boarder security and the tsa. president obama is talking in virginia just over three hours from now. he will
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